16800 Aston, Suite 275 Irvine, CA 92606 © 2020 TA Partners, LLC.

Derian Apartments

Derian (Pistoia Project)

  • Project Feature: 371 Class A residential units for rent located in Irvine, CA

  • Lot Size: ± 380,000 square foot (4.77 Acres) / 420 square foot per stall equating into approximately 619 parking stalls

  • There is great demand/shortage of high-end apartment within the city of Irvine

  • Project Return: Excellent return under the expertise management team: $37m equity investment to obtain $61m profit over a four-year period, equal to about 41% annual return.

  • Starting Date: November 2019

  • Estimated Finish Date: November 2021

  • Bank & Finance: Pacific West Bank (Loan & Debt Provider), Essex (Equity Partner), TA Partners (Sponsor)